Shares of China vaccine makers slump on U.S. waiver support

Shares of China vaccine makers slump on U.S. waiver support
Shares in Chinese vaccine makers slumped on Thursday after U.S. President Joe Biden's support for a proposed waiver of intellectual property rights on COVID-19 vaccines sent investors scrambling to reconsider high valuations.The Shanghai shares of CanSino Biologics Inc , a single-dose COVID-19 vaccine maker, tumbled as much as 16.91%. The company's Hong Kong shares (6185.HK)… Read More

Japanese shares fall as investors look past upbeat corporate outlook

Japanese shares fall as investors look past upbeat corporate outlook
TOKYO, April 27 (Reuters) - Japanese shares inched lower on Tuesday as investors looked past upbeat corporate outlook amid worries about the government’s handling of the COVID-19 pandemic, while chip-related stocks took cues from a positive finish overnight on the Nasdaq.The Nikkei share average inched down 0.15% to 29,083.82 by 0211 GMT, while the broader… Read More